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The shipping ministry on Thursday signed a new wage settlement pact with employees at state-run ports, under which workers will get a 10.6 per cent hike, which will cost the ministry Rs 560 crore per year.

Expert committee fixes need-based national minimum wage at Rs 375 per...

The Ministry of Labour and Employment had constituted an expert committee to review, recommend a way to fix the NMW.

15 Feb 2019 10:53 AM IST

The social media giants shares, which have tumbled more than 22 per cent this year, rose nearly 1 per cent in extended trading.

Vernacular digital advertising may touch $1.5 billion in three years

The digital advertising market has largely remained a duopoly of Facebook and Google.

15 Feb 2019 2:03 AM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Lenders to turn largest shareholders in Jet Air

The resolution plan involves infusion of funds, monetisation of assets and restructuring of debt.

15 Feb 2019 2:01 AM IST

GMR Infrastructure

Privatising small airports not the right approach: GMR official

The cost recovery models of these assets demand that there should be certain minimum traffic size.

14 Feb 2019 4:49 PM IST

Prime Minister Narendra Modi at the inauguration of several development projects in Itanagar on Saturday. (Photo: PTI)

Govt working towards housing for all by 2022, says PM Modi

Modi said 1.5 crore houses for the poor have been built at a double speed to realise the target of 2022.

14 Feb 2019 2:03 PM IST

IL&FS is sitting on a debt pile of about Rs 91,000 crore. (Photo: Twitter)

Par panel for setting up enquiry commission into IL&FS crisis

Debt crisis in infrastructure lender IL&FS came to light following a series of defaults by its group companies beginning...

14 Feb 2019 1:56 PM IST

Niti CEO asks realty developers to speed up delivery of homes

The Niti Aayog CEO also favoured lowering of GST on under-construction properties.

14 Feb 2019 10:54 AM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

GoM report on real estate expected soon

A senior government official said the GoM will submit the report to GST Council which is likely to meet on February 20.

14 Feb 2019 10:43 AM IST

As of now, the situation is still relatively fluid and many things can happen.

Indian HNIs eye London property after Brexit

In the run-up to the Brexit, housing prices in London remained remarkably subdued in 2018.

14 Feb 2019 1:56 AM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Receding cash relevance to help gold: WGC

Though acceptances of crypto-currencies have been seen spreading fast, they may not replace cash.

14 Feb 2019 1:55 AM IST

Corporate India saw lukewarm response in Diwali gifts this year, slashing the budget by at least 35-40 per cent under this head, a telephonic survey conducted by ASSOCHAM in the run-up to Diwali noted. (Photo: Pixabay)

Rose doesn't make the cut, online gift is flavour of Valentine's Day

The Indian gift card market is expected to reach $80-85 billion by 2024.

14 Feb 2019 1:54 AM IST

Liquidity relief on the way for exporters

The Directorate General of Foreign Trade (DGFT) last week flagged liquidity woes faced by exporters with the finance...

14 Feb 2019 1:54 AM IST